The Coens are currently completing post-production on the feature No Country for Old Men, which world-premieres at next month's Cannes International Film Festival.

Working Title co-chairs Tim Bevan and Eric Fellner, who will executive-produce the two films, have had a long association with the Coens; Fargo (which won Oscars for McDormand as Best Actress and for the Coens in the Original Screenplay category), The Hudsucker Proxy, The Big Lebowski, O Brother, Where Art Thou? (for which Clooney won a Golden Globe Award), and The Man Who Wasn't There were all made by the Coens with Working Title.

Focus CEO James Schamus said in a statement, "Joel and Ethan are the gold standard in American filmmaking. To have the chance to make not one but two films with them -- along with our friends at Working Title -- makes all of us at Focus proud."

Bevan and Fellner commented, "We're delighted to be collaborating with the Coen Brothers anew, and to be partnered again with James and his team at Focus, on two such especially exciting new projects."